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America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds (www.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[–] [email protected] 2 points 1 year ago (1 children)

That's a complicated situation because if not rich people, we'll see other rich people in the same situation, like I don't think world's biggest companies will stop existing anytime soon, even if healthy eco alternatives get bigger investiment in the future.

[–] [email protected] 1 points 1 year ago

It's not really that complicated; Pigouvian taxes are basic economics. We don't need more investment in eco alternatives as much as less investment in pollution.